At the beginning of 2016, Oak Consulting had the following normal balances In Iits accounts: Account Cash Balance $42,000 Accounts recelvable 25,000 Accounts payable Common stock Retained earnings 8,400 payable24.000 24,000 34,600 The following events apply to Oak's Consulting for 2016: Oak's Consuting for 2016 1. Provided $185,000 of services on account. 2. Incurred $45,800 of operating expenses on account 3. Collected $140,000 of accounts recelvable 3. Collected $4 4. Pald $120,000 cash for salarles expense. 5. Pald $31,400 cash as a partial payment on accounts payable. 6. Pald an $10,000 cash dividend to the stockholders